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on the table hits the big three really hard. but feel good about the fact that tonight john boehner was having pizza with the tea partiers. the folks that say they won't sign on to anything. congressman kucinich calls the plan a raw deal. he's here and he's fired up tonight. this is the ed show, let's get to work. >> all of the candidates are going to have to demonstrate they can do all of the job all of the time. >> tim pawlenty is taking cheap shops at a republican front-runner. tonight i'm going to defend michele bachmann. >> i'm not going to allow anyone to take a pufrmg at me. >> alan west refuses to apologize for his sexist remarks. today he says she owes him an apology. where's the outrage? >>> if you thought the defense of news corp. was odd, wait until you hear bill o'reilly's stance. >>> the president first tried to sell his plan to nancy pelosi and harry reid. and then the obstructionists came over to the white house. boehner and mk skon el. they have to convince members of their party to accept over a trillion dollars in revenue increases in order to take this zeal. don't hold your
about taxes and possible cuts to the big three. >>> and in wisconsin, we have a result in the state's first recall election since the scott walker union busting law was passed. the democrat, dave hansen, has defeated the republican challenger, another major victory for workers rights in wisconsin and in america. this is "the ed show." let's get to work. >> we now have a bipartisan group of senators who agree with that balanced approach. and we've got the american people who agree with that balanced approach. >> the gang of six plan rides again. bernie sanders gives the plan a huge thumb's down. he's here tonight. rupert murdoch plays dumb in front of parliament. >> i don't know. >> reminds me of a scene from the godfather. >> i don't know nothing about that. >> we have more on the news corp. dog and pony show. and the election results everyone is waiting for out of wisconsin. we will talk to the first member of the wisconsin 14 to face a recall election. >>> good evening, americans, thanks for joining us tonight. with less than two weeks before the united states defaults on its obli
her 80-year-old husband, smacking the attacker in the head. big jab. we'll have more on the man behind the pie all later in the show. by the way, in about an hour from now, the uk prime minister david minister, he's expected to speak in front of parliament hoping to stop further damage to the government from this scandal. so to get some of the latest on the investigation and a preview of what will happen in today's speech, martin flesher joins us live from london. there is an emergency session of parliament today, this has brought david cameron back into the country to be able to speak before the people there. what do we expect to hear? >> that's right, today's highlight, every day brings some dramatic development. today the star there will be david cameron. he actually called for the emergency session. he cut short a trip to africa to try to take control of this. he'll face a grilling, though. the key questions will be very significant questions for him. why did he hire a former news of the world editor despite warnings, how much did he know about the phone hacking investigation, when
. that would mean republicans get big spending cuts in exchange for zero tax increases. the president vowed that that wouldn't happen. tonight let's be an honest broker and make sure he keeps his word. >> i do not see a path to a deal if they don't budge, period. >> president obama drew a line on taxes last week. republicans are running out the clock, and it looks like the president is caving. senator sheldon whitehouse is here. one of the key figures in the news corporate fox hacking scandal is found dead, and there's more trouble in the united states for rupert murdoch. filmmaker robert greenwall on the latest. in psycho talk tonight. >> yes, they have the right to do that. that's not discriminating based upon religion against their particular religion. >> republican presidential hopeful herman cain has a warped understanding of the constitution. more anti-islam remarks from the godfather's pizza man. tonight, he's attacking another candidate on his religion. remember last week everybody was saying, well, the president is in such a good place right now. really? folks, as liberals we need
of different ways. by the way, this is no big secret, it's not like i'm telling you something other people can't figure out very easily. but if you have one phone call another phone it creates a busy line. if you use a third phone to call in, it goes directly to the voice mail and if you don't have a pin, it's very easy to get somebody's voice mail. >> we talked about at&t. how vulnerable are they to getting hacked and do we need to make pin numbers mandatory in order to keep all of our phones safe? >> i think that's something to think about. right now the onus is on the consumer, it's on us to be proactive with our mobile devices to put that pin on there. you think of your smartphone these days. it's really like a small laptop. in my face it's almost as big as a laptop. but you store so much personal information on there that really the companies should be doing more for users, i would say, because they're such an extension of ourselves. because there's such critical information on there. you know, i don't want to single out at&t too much because all of the wireless carriers are aware that th
. floor ads are big business across this country because -- come on, if you're a company who sells stuff? supermarkets, wouldn't you want a big, shiny floor ad like this one? a couple of years ago, a floor ad mysteriously started losing top clients. they didn't because people didn't want floor ads anymore. come on, they started losing clients because a rival company in the industry was starting to lose their clients. floor graphics was a small firm in new jersey, but a big players entered the arena, a big player with a bigger corporate parent, a company you may have heard of, news corp. news corp. had a u.s.-based company called news america marketing that was already involved in the supermarket advertising business but really wanted in on the awesome floor ads. the only problem was this small new jersey company, floor graphics, was dominating the market. you say problem, news corp. says opportunity. news corp. set its sights on taking this little company down. they had the right guy to do it, according to a fortune magazine profile, crushes a rival's skull with a baseball bat. who bette
to the caricature, the republican caricature of the president as a big spender if, in the end, he puts together a deal with speaker boehner that has with it a lot of spending cuts? >> i think that changes certainly for the democrats the argument about the president's spending habits. certainly republicans then would counter with, well, let's look at the $2 trillion spent before speaker boehner and mitch mcconnell and the senate tried to bring some sanity back to the process. you're going to have the political argument continuing into 2012. if you think, michael, this thing is going to end once they sign a bill by august 2nd, no. the hot rhetoric just continues. >> you know this turf well. it puts republicans in a difficult spot to be pointing a finger as to he's such a big government guy if, in the end he 'em bragsed and negotiated a plan with john boehner that calls for the spending cuss being discussed, whether it's $3 trillion or $4 trillion. let me show you something. the president penned something in "usa today." i don't know if you made it to the last line. here is what he said in the las
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. >>> here's how citigroup describes it. asking what the u.s. economy might look like after a possible u.s. treasury default is akin to asking what will you do after you commit suicide. here's how the treasury secretary put it in a meeting with democrats. if this country defaults on its obligations, it will be much worse than the great depression. it will make the massive financial crisis of 2008 look mild. it will make what we just went through look like a quaint little crisis. when moody's said
're going to start with the big event in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question will we see any progress this weekend. this as president obama warns that failure to take action could lead to serious financial fallout. >> we don't need a constitutional amendment to do our jobs. the constitution already tells us to do our jobs. we don't need more studies. we don't need more a balanced budget amendment. we simply need to make these tough choices and be willing to take on our bases. >> the republicans say they have a new long-term fix. a new amendment to the u.s. constitution. let's go straight to aaron mcpike. an issue of what is at stake today. a reporter with real clear pricks. what is this budget amendment? before we get to that, i want to show people what is at stake in terms of the numbers. $23 billion in social security payments. that's a payment that's on the united states' credit card bill. $87 billion that's another number that's being watched. august 15th also will come due $30 billion in interest paym
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
republican presidential candidates have money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and
to agree on something balanced as long as it's big. in the house r there are republicans ideologically opposed to anything that increases revenue. now all the government deficit projections are based on the idea bush tax cuts expire for everyone, according to current statute, the end of next year. if you regard not only any change in the law that reduces the deficit as unacceptable but any failure to change the law is also unacceptable, then it's going to be very hard to pass anything through the house other than perhaps the mcconnell plan, without the savings in it. >> we're hearing from harry reid using the phrase, "time is of the essence," hearing that over and over again and taking us to the brink. do you get the feeling we are actually inching any closer to clenching a deal? >> i think the mcconnell proposal, with some savings we can all agree to, may very well end up being the package. it's very important to the president we have a 3.5, 4$4.5 trillion package. woe may not in this short time agree to more than a $5 million down payment and vague creation of commission goals, state
to other states and has been trying in a very big way of spreading the gospel of making it harder to vote all across the country. not just in kansas, but everywhere. earlier this week chris coback wrote urging politicians in other states to do what he and sam brownback have done in kansas, the case republicans broadly make for the urgent need for these new make it harder to vote laws is that voter fraud is wide spread across the country and a real threat. as evidence, there were 221 incidents of voter fraud reported in kansas between 1997 and 2010. seven of which yielded convictions. that's the evidence. 13 years, 7 convictions. convictions? detailed in a report from mr. coback's office in kansas. they consist of the following. one instance of electioneering, so campaigning too close to a polling place and six incidents of double voting, people voting in kansas or another state or two different counties in kansas. again, the seven convictions that are evidence to make voting harder is one case of electioneering and six cases of double voting. here's the thing, whether or not those seven c
this thing? this big cut, cap and balance has nothing in it. i had a hunch it wouldn't be in there. i did something that nobody is doing in your house, in the republican side, reading it. there are no cuts here. where are the cuts? >> senator coburj introduced a plan -- >> it's not the coburn plan. it's the bumper sticker. >> the house has a plan. >> why do you keep saying this? >> chris, chris -- >> have you read it? >> no, i haven't read it. >> how do you know there's something in there -- i'm reading it right now and -- >> at least you're holding on to something. this is the president's plan. it's vapor, there is no plan, because there's no leadership. >> todd, the president's plan outlines $4 trillion in cuts over the -- >> there is no plan. >> that was a hostage video, and he is being held hostage by the tea party republicans. >>> let's go to the outlet pass as they say in football. president clinton has weighed in. he writes, quote, clinton says he would invoke the so-called constitutional option to raise the nation's debt ceiling, quote, without hesitation and force the courts to s
to happen here with rupert murdoch and his son james tomorrow? >> well, that is certainly, that is the big question. and rupert murdoch and his son james, and rebekah brooks, who are appearing before the select committee have to be so careful, and so careful in fact, that rupert murdoch's biographers saying he is in rehearsals and being coached by aides and he is walking a fine line, because on one hand, he is under oath, and so like he and his son and rebekah brooks, they can't lie. if they do lie, it is a crime. so they have to be careful what they say. they can't mislead this group, but at the same time, they don't want to give too much away either, because this is such a reprehensible difficult and negative story that any facts on how to what extent the criminality of how far it went up the ladder at any of the companies as the facts come out, it could well, we could well see a drop from the bottom just out of news corporation. today, already, tamron, we saw a 5% jump in news corp stock in australia. so that the wheels of this amazing story just keep rolling along, and you mentioned in
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
in the senate, even as house republicans double down on symbolic spending cuts. the big breakthrough coming from the newly resurrected gang of six, a plan to reduce deficits by nearly $4 trillion in the coming decade. president obama championed the plan tuesday, and it emerged with the support of 49 senators on both sides of the aisle. house republicans, on the other hand, spent all day tuesday debating, and last night passing a cut, cap and balance, ccb proposal, that has little or no chance of surviving in the senate. senator chuck schumer described it today as dead on arrival and faces the promise of a veto if it were to reach the president, and despite digging in their heels against new ref gnaw and in favor of more spending cuts tea party walsh had a hard time explaining what cuts were in the house bill. >> why doesn't it name the cuts? >> it calls for $111 billion in cuts, chris. >> where? >> in the bill. >> you've criticized the president for not having a plan and you don't have one. >> all right. we're joined now by nbc's luke russert who covers capitol hill and nbc's mick viqueira at th
or a sensation. any sense of that? >> the big story here, absolute absolutely. whether used as a mop. a ginger head mop. >> we'll have to leave it there. i'm matt miller in for dylan. "hardball" starting right now. >>> so what's the deal? let's play some "hardball." >>> good evening. i'm in for chris matthews tonight. leading off, deal or no deal. all day long there's been word that a deal between president obama and speaker john bane zer boehner is in the works to save the u.s. from default. pub lkly both sides are denying it. it's clear adults on both sides are trying to avoid default. how do you get to an agreement when pea tae tea parters are saying no deal with tax increases and democrats are saying, no deal without them? we crunched numbers and default would seem to affect almost every american home. >>> also, does michele bachmann have mi have migraines? may be debilitated for days at time or something we would have never mentioned about a male candidate? >>> how did an anti-american terrorist become so trusted by u.s. officials in afghanistan he was allowed close eno
pulls the media's strings to avoid the government being called to task for what it's doing? >>> big news today. martin bashir, the mega panel here in new york, msnbc political analyst karen finney, republican strategist susan del percio and martin. doing a tremendous job in articulating the media, specifically news corp. and power in great britain. is a corrupt government by definition something that can only get worse in the face of a corrupt media and are we now seeing that be revealed? >> interesting to hear rupert murdoch to describe him visy itting downing street the back door both with the previous prime minister gordon brown, the one prior to him, tony blair and the current prime minister david cameron. and on each occasion the members of parliament said, why didn't you come through the front door? and he said, because this is what the inhabitant of number 10 asked me to do. so there was clearly a very close relationship between him and each prime minister. you have to remember that this man's newspapers claimed to be able to swing elections. in 1987 after the general election, th
congress in high esteem. >> we as the new majority in the house. >> failing on the big things is something they choose to do. >> we implore them. murdoch is also note blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck. >> he doesn't stack up. >> the 80-year-old appeared confused. >> here said yes, i'm in charge. >> someone tried to get i believe to rupert murdoch. >> a man with a shaving cream pie leaps past her husband and attempted to smash rupert murdoch in the face. >> that are looks like a spice. >> can you say it was glitter. >> as the deadline for raising the debt ceiling grows closer, house republicans chose to spend this day in debate and on a floor vote on a bill that the president has promised to veto if it somehow miraculously passed the senate, which it won't. republicans are not calling it the cut cap and balance bill because it drastically cuts spending and caps future spending and would guarantee future balanced guj et through a balanced amendment to the constitution. that would require a $2/3 majority. it was a debate over a bill that
and defending tax loopholes for millionaires and big corporations is what republicans have called for. they need to meet us somewhere. >> thank you, congressman steve israel. >> thank you. >>> joining me now, "washington post's" chris, author of "the fix." a managing editor also. let's visit this grover norquist issue. i think on tuesday in an interview with your "washington post" editorial board, grover norquist, the man famous for his anti-tax pledge, said that not renewing the bush tax cuts would not violate his pledge. listen to some of that audio released. >> not continuing a tax cut is not technically a tax increase. >> stow does not violate the pledge. >> we wouldn't hold it that way. it would be a very bad thing to do. it would raise taxes from where they are today. >> who don't follow the inside baseball the way you and i eat, drink and sleep it. what is the significance of grover norquist saying that? >> for people who don't know, grover norquist since 1985 has run a group called americans for tax reform pap d.c.-based group that does a lot of thing. basically, to hold the line on no t
. >> whether you get the big or not, you know this won't pass the senate. >> i don't know if it will or won't. >> do you believe we should raise the ceiling? yes or no. >> if the senate is responsibility, then cut, cap and balance will pass. >> let me ask you a question -- do you agree with the president that we need to raise the ceiling, president obama? >> i will vote to raise the debt ceiling if we address the long-term issue of federal insolvency caused by -- if we do not address the long-term issue, the risk associated with piling on higher and higher debt loads, if we don't address that, then, no, sir, i will not vote for the debt ceiling. >> ronald railinger, who was someone i'm sure you admire, let me show you what he said about the dead ceiling, maybe you should tell your colleagues this. >> i'm familiar with this quote. >> congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds, those who rely on associate security and vet ran benefits. the united states has a special responsi
about doing that are very dramatic. i think there's still time to get something big done. the president's made it clear he wants to do something substantial. you know, when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil, it took clinton and gingrich. the president is out there, he's willing to do it. he said it in the "state of the union," he said it in the budget. the question is do we have a partner to work with? and i hope the answer is yes. >> but you suspect it may not be yes. >> leadership requires a partner. >> mr. lew, thank you very much. appreciate your time. >> thank you. >> joining me is assistant majority leader of the senate, democrat dick durbin of illinois, and republican senator from south carolina, author of "the great american awakening: two years that changed america, washington and me," senator jim demint. welcome both. >> thank you. >> good morning. thank you. >> tim geithner, treasury secretary, was here last sunday. i asked him about this ongoing deliberation, and he was emphatic about
as long as it's part of a big deal. yesterday, he called democratic leaders and later, republicans to the white house for more talks. gop leaders called those meetings productive. then there's the renewed gang of six plan, which offers a blueprint for a deal. >> devil is in the details. >> it doesn't have the stamp now of the committees on the house and senate side and that is going to be essential. >> but it has problems, too. some liberal members worry about its impact on social security and medicare, and the closed door meetings that led to the plan. >> we are an anti-gang group. we are trying to suppress the growth of gangs. we think that it is not healthy for washington. >> the negotiations could go down to the wire, with the nation's spending power hanging in the balance. >> it isn't perfect but when the alternative is we're going to drive this country over the cliff, i think we got to start with something that actually gets the job done. >> the one thing we've been committed to is getting a solution. >> mike, where do we stand? >> reporter: we're 14 days out. i just got an e
this will not be effecting anyone in the southeast u.s. let's get back to the heat wave because this is the big story of the week. historic heat wave. last week we had a heat wave for a couple weeks but this one will last all week. we have excessive heat warning in st. louis from now until friday. that's unheard of to go that long. huge ridge of high pressure will expand and head to the eastern seaboard where it's going to get uncomfortable as we head to the end of the week into the upcoming weekend. the dangerous heat right now, if you're elderly, the children, you know, day after day, anyone without air conditioning, is going to be in the orangish color. we're used to the heat in the dallas area. it's been 10 0 degrees now 16 days in a row. but you only have heat at vizryes to your north. it's where the humidity is very high. heat indexes will be in the dangerous level from minneapolis, all of iowa, kansas city, omaha, st. louis. how hot will it be? kansas city around 9, same for you in st. louis. when you add in oppressive humidity, it's not your typical humidity. ipts much more humid than it shou
, as republicans, as the new majority in this house. >> failing on the big things is something they choose to do. >> we emplore the other side to get serious. >> when is the house going to stop the charade? >> the gang of six is still trying to lead. >> it's a far cry from the paul ryan budget. >> we thought this was the gang of six, dead and buried. >> now the gang of six is a gang of seven. >> two parts, there's always a second act. >> gotten rave reviews from a lot of folks. frlgs colleagues really liked it. >> when does somebody have to say uncle? >> murdoch is also not taking the blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck today. >> just doesn't really stack up. >> the 80-year-old also appeared confused. >> he said yes, i'm in charge of this company. >> somebody jumped over to, i believe, get to rupert murdoch. >> somebody with a pie, wendi murdoch leaped past her husband. >> she's feisty, i've met her. >> if i remember correctly, that looks like a spike. >> you can always say with glitter. >> as the deadline for raising the debt ceiling grows c
with political philosophy in the house. as the debt line approaches and house republicans are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got t
chided leaders for missing a big opportunity. >> i think that any plan that simply says, you know, think about this later essentially, and we're going to try and figure out how things went wrong to blame it on the other party is a terrible mistake. we cannot go to august 2nd and tell the rest of the world because we're having this fight in our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of -- of immaturity that i don't believe this congress is up to. >> warren buffett was at the white house, and the white house talked to reporters this morning. david brooks calls out republican groups who he says decided not to seize the chance to usher in the largest cut in the size of government in american history. he also added, they do not see politics as the art of the possible. they do not believe in seizing opportunities to make steady, messy progress towards conservative goal. they believe if they can remain pure in their faith, some day their party will win a total and permanent victory over its
't think they should hold their breath waiting for speaker boehner. and for our big number. to go back how far our government's debt goes, believe it or not to 1790 when the government bonds were issued to pay off the revolutionary war. how much is owed to people many the george washington administration? $55,757. i wonder what the fo that one. that is tonight's big number. that's "hardball" for now. chris will be back on monday. up next "your [ male announcer ] we asked real people if they'd help us with an experiment for febreze fabric refresher. they agreed. [ experimenter 1 ] relax, take some nice deep breaths. [ experimenter 2 ] what do you smell? lilac. clean. there's something that's really fresh. a little bit beach-y. like children's blankets. smells like home. [ experimenter 1 ] okay. take your blindfolds off. ♪ hello? [ male announcer ] and now new and improved febreze fabric refresher with up to two times the odor elimination so you can breathe happy, guaranteed. my old contacts would sometimes move and blur my vision. then my eye doctor told me about acuvue® oasys for astigm
the treasury department we learned no longer has a stake in chrysler. a big loss for the u.s. government, though, how much did this eventually cost taxpayers? >> well, they tout it as a success. they say they have recovered 90% of the initial investment, which was $12.5 billion. keep in mind, the government may no longer be involved in chrysler, but it still holds a 32% stake in general motors. coming back to chrysler, the majority owner is now fiat, the italian carmaker. by the end of thisse eyear, the will own around 59%. the rest of course is owned by the united auto workers. have a great weekend. >> i appreciate it. thanks very much. >>> as the national unemployment rate rises to 9.2%, there is one area in california specifically that actually is predicting significant job growth. according to a new study released this week, silicon valley employers plan to expand their workforce by 15% over the next two years. nbc's tom brokaw has the latest from that region. >> reporter: silicon valley, the moth moth mother load of high tech has the biggest names to go public for astronomical price
committed to a big deficit reduction package because he was always going to include something that was impossible for house republicans? >> but that was -- this is where i bang head on table, right? because i am -- i'm basically a right wing person and if i can get a deal where you preserve the infrastructure of tax rates, you give up something on deductions, schedules, and credits, and you get a democratic president to say i'll go first on medicare, i'll squeeze the providers, or i will make some changes on social security, it won't work when george w. bush leads, but when a democrat leads, okay, but you have to agree in this 1 in 6, 1 in 7 thing that you don't like. i say let's explore. and the president on health care and now again on this debt ceiling, as you say, he may have been very insincere and counting on republican intransigence to save him from his words, but the words were said, the door was there. this could be the moment where republicans got a lot out of a president who asked only a little from them, overconfident they'd say know. we now see he's rightly confid
administration. that's not unusual. and that's a big deal by the president only based on election cycles. that's not important. the more important thing, how do we get to the point where we send a message to the international community we're going to do what's necessary to put our house in order. >> do you get the sense that that's going to happen? >> oh think so, ultimately. you're seeing a lot of theatrics. everything kind of play out and the way it's going play out and not find where people really are until they have to be where, before this thing implodes and i don't think it's going to. i think you know, come tuesday, sometime during the day tuesday, we'll have something figured out. >> well, do you have any sense, play analyst, if you wouldn't mind, whether that's the boehner deal? is that your deal? where's the road map for that? >> it's some combination between what perry, reid and boehner agreed to last sunday, and working the politics and the votes out on that to get it to where it passes the house. the problem is, something will pass the senate. but it has to be snag will pass the h
could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> rupert murdoch's son james is now being accused of not telling the truth during a key part of his testimony to parliament tuesday. during tuesday's testimony, james murdoch said he was never told about a vital email suggesting reporter neville thur elback was involved in phone hacking. but today, collin miler, editor of "news of the world" just before it shut down and tom crone, the paper's former head of legal affairs, said they had told murdoch of the email which included transcripts of hacked voicemails. in a joint statement, they said -- >>> news corp. then issued this statement. >>> news corp. then issued this statement. james murdoch stands by his testimony to the select committee. the committee chairman may ask james murdoch to appear again before parliament to clear up that matter. this cartoon appeared in today's edition of murdoch's british newspaper "the times," under the wor
of that. >> and big surprise, a very, very sharp contradiction in james murdoch's testimony plays out today. and the murdoch response was basically no response at all. >> right. you know, the interesting character to watch there is tom crone, the lawyer. he's made clear that he's not going to be the fall guy here. and if they -- if the murdochs and news corp. try to lay everything on him, because he was the chief lawyer for "news of the world," he's not going to sit idly by. so if the brits are looking for a john dean character in all this, i would think that tom crone is the guy to watch, and the statement today contradicting james murdoch's testimony about that e-mail is the first sign that he may in fact be willing to go there. >> nbc news national investigative correspondent michael isikoff. thank you for joining me tonight, michael. >> thank you, lawrence. >>> coming up, virginia governor bob mcdonald flip-flops on the debt ceiling, even though he never actually understood what the debt ceiling was in the first place. that's in tonight's "rewrite." >>> and later, one of our favor
. that strikes me as stupid. thank you, richard. we'll begin right now. >>> the big story today, political poker, washington upping the ante. good afternoon, my name is dylan ratigan. nice to be seeing you. put on your poker face, my friends. president obama summoning congressional leaders back to the white house. first the democrats go with the -- the republicans shortly thereafter. they say they have a bipartisan proposal. we'll see how bernie sanders feels about it. it won't be done in time to raise the desert ceiling. all bets are on a short-term -- expect some sort of gang of six, reid/mcconnell hybrid deal. all you really need to know, whatever this deal is, it does nothing to address the structural causes of our deficit and joblessness from tax reform to trade reform to bank reform. instead you have politicians cutting things that are politically desirable for their constituents so that the politicians can try to keep their jobs while preventing us, the american people, from getting the structural improvements, banks trade, et cetera, that we all so desperately need. the pro wrestling con
wider responsibilities, we had calls from many of the big shareholders saying it was a terrible thing to take him away because he had done such a great job. >> i said i wasn't disputing that, but the fact that you have been -- that you didn't know about so many of these criminal activities that went on, do you not think that was made more likely because of the sort of family history? i don't just mean james, i'm talking about people who weren't direct members of your family but became friends. >> no. >> you don't think that -- >> i don't think -- >> why it has been mismanaged. >> i don't think mr. hinton misled me for a minute but you must make your own conclusion. other people who gave the same evidence may well have been misleading, but he certainly did not know of anything. >> thank you very much. >> i've got two more members. >> before i address my questions to the hearing, i'd like to make a short declaration of my own which is something i previously declared to the committee which is to say my wife is an employee of a company that has been engaged by news corporation. i just wan
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